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Italian Premier Mario Draghi presented a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to Parliament on Monday, aiming to not only help Italy bounce back from the pandemic but enact "epochal" reforms to address structural problems that long predated COVID-19. Italy has the biggest share of the EU's 750 billion euro ($907 billion) re...

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Italy has reached a deal with the European Commission over its Recovery Plan, Prime Minister Mario Draghi told the cabinet late on Saturday, after days of intense talks, paving the way for it to be submitted to Brussels by the end of April. Italy plans to spend more than 220 billion euros ($266 billion) from European Union and national funds to rev...

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The Italian government of premier Mario Draghi on Wednesday approved Italy's latest emergency coronavirus decree providing a roapmap for the significant "reopening" of the country from Monday 26 April. Under the new decree, valid until 31 July, the existing nightly curfew of 22.00 will be retained until at least 1 June after which it will be assess...

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Italy has blocked the export of around 250,000 doses of the AstraZeneca covid-19 vaccine to Australia after the drug manufacturer failed to meet its European Union (EU) contract commitments. The move by Italy, unprecedented in the EU, was made in line with a new European mechanism on export controls, and was taken with the support of the European C...

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Italy's new prime minister Mario Draghi on Wednesday morning made his first address to the Senate since taking office, outlining plans for managing the pandemic and rebuilding the economy. Here are some of the most notable quotes from his speech. Draghi, former head of the European Central Bank, spoke in the Senate before his government faces a con...

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"I swear to be loyal to the Republic," recited Draghi, the former head of the European Central Bank, as he stood before President Sergio Mattarella in the ornate presidential palace in a ceremony broadcast live on television. The 73-year-old, known as Super Mario for doing "whatever it takes" to save the eurozone, has put together a national unity...

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Former European Central Bank chief Mario Draghi on Friday accepted the Italian president's bid to form a new government, announcing a Cabinet of experts mixed with experienced political hands, at once seeking to reassure financial markets and tame a potentially unruly coalition of former rivals. The formation of a broad-based government of national...

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The high-stakes negotiations to resolve Italy’s political crisis in the midst of a pandemic took a remarkable turn on Tuesday evening when the country’s president summoned Mario Draghi, the former head of the European Central Bank, to begin talks to form a new government. The development all but officially sounded the death knell on the tenure of P...

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